Inflation triggers California law to boost minimum wage to $15.50 in 2023
The law says the minimum wage must increase for everyone if inflation jumped by more than 7%. SACRAMENTO, Calif. (AP) — California’s minimum wage will jump to $15.50 per hour next year, Gov. Gavin Newsom’s administration announced Thursday, an increase triggered by soaring inflation that will benefit about 3 million workers. The increase is required…
